Gulfport Energy Corp Stock Price, News & Analysis

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast on May 4, 2022, at 9:00 a.m. ET to discuss its first quarter 2022 results. A news release with financial and operational results will be issued on May 3, 2022, after market close. Participants can join the conference call via Gulfport's website or by dialing 866-373-3408 domestically. A replay will be available from May 5-19, 2022. Gulfport focuses on the exploration and production of natural gas and oil in the U.S., primarily in the Appalachia and Anadarko basins.

Gulfport Energy Corporation (NYSE: GPOR) reported its financial results for Q4 and full year 2021, achieving a net income of $558.1 million and adjusted EBITDA of $224.9 million. The company generated $128.3 million in net cash from operations and $133.9 million in free cash flow. Gulfport plans to invest approximately $360 million in 2022, anticipating over 5% production growth. The company authorized a $100 million stock repurchase program and reported proved reserves of 3.9 Tcfe, with discounted future net cash flows of $4.1 billion.

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast on March 1, 2022, at 9:00 a.m. ET to discuss its fourth quarter and year-end 2021 results. A news release containing financial and operational results will be issued after market close on February 28, 2022. Participants can access the conference call via Gulfport's website or by dialing specific numbers provided for domestic and international calls. A replay will be available until March 15, 2022.

Gulfport Energy Corporation (GPOR) reported its Q3 2021 results, revealing a net cash flow of $126.3 million and free cash flow of $69.7 million. The company has authorized a stock repurchase program of up to $100 million and amended its credit facility, boosting liquidity by over $160 million. Key production details include a gross production rate of 250 MMcfe per day from the Angelo pad and a daily average production of 973.3 MMcfe. The 2021 full-year free cash flow guidance has been raised to $345-$365 million, showing operational strength and improved efficiencies.

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference on November 3, 2021, at 9:00 a.m. ET, to discuss its third quarter 2021 financial results. A news release will precede the call on November 2, 2021, after market close. The conference call can be accessed via the Gulfport website or by phone. A replay will be available until November 17, 2021. Gulfport is focused on natural gas and crude oil production primarily in the Appalachia and Anadarko basins, with significant operations in Eastern Ohio and central Oklahoma.

Gulfport Energy Corporation (NYSE: GPOR) announced a successful amendment to its credit facility, increasing liquidity by over $160 million. This amendment raises aggregate lender commitments from $580 million to $700 million and allows for strategic financial flexibility. Key features include a revised leverage ratio and the elimination of certain availability blockers. Pro forma liquidity as of September 30, 2021 stands at $389 million. The maturity date is extended to October 2025.

Gulfport Energy Corporation (NASDAQ: GPOR) reported its financial results for Q2 and the first half of 2021, revealing a successful restructuring process completed on May 17, 2021. Key highlights include a reduction in total debt by over $1.2 billion and annual cash interest expense by $90 million. The company reported $87.3 million in operating cash flow and $74.4 million in free cash flow. For 2021, Gulfport plans capital investments of $290-$310 million, with an expected net production of 975-1,000 MMcfe per day and aims to generate approximately $290 million to $310 million in free cash flow.

Gulfport Energy Corporation (NYSE: GPOR) will host a teleconference and webcast to discuss its Q2 2021 results on August 6, 2021, at 9:00 a.m. ET. A news release revealing the financial and operational results will be issued on August 5, 2021, after market close. The public can access the call via a link on the Gulfport website or by dialing 866-373-3408 domestically. A replay of the call will be available until August 20, 2021. Gulfport focuses on natural gas and crude oil exploration and production, primarily in the Appalachia and Anadarko basins.

Gulfport Energy Corporation (NYSE: GPOR) has emerged from Chapter 11 protection after confirming its Plan of Reorganization on April 28, 2021. The restructuring led to a new Board of Directors and a strengthened balance sheet with $853 million in total debt, representing over $1.2 billion in deleveraging. Gulfport now enjoys approximately $135 million in liquidity, with a net-debt-to-EBITDA ratio of around 1.5x. The company's new common shares are set to trade on the NYSE under the symbol "GPOR" starting May 18, 2021.